The uptrend in BTC and ETH has stalled somewhat, but implied volatility across all major terms continues to rise, and as we mentioned yesterday, IV has always responded to the market with a relative lag.
With over half of the BTC options block trading volume coming from active call buying and over half of the ETH regular trading volume coming from active call buying, bullish forces are now significantly stronger than shorts, but sentiment is calmer and has not yet entered the Fomo.
The whale is actively laying out ETH 4000 calls and BTC 67000 calls.
With over half of the BTC options block trading volume coming from active call buying and over half of the ETH regular trading volume coming from active call buying, bullish forces are now significantly stronger than shorts, but sentiment is calmer and has not yet entered the Fomo.
The whale is actively laying out ETH 4000 calls and BTC 67000 calls.
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